Why does Cavendish Online use Fidelity?
The Fidelity SIPP provides an unrivalled choice of investments for clients who wish to have greater control over their retirement provision. Arranging your SIPP via Cavendish Online gives you full access to Fidelity’s Fundsnetwork fund range and online access to view your investments via the Fidelity website.
The Fidelity SIPP provided by Standard Life offers more than 1100 funds from 65 fund companies, including top names such as Jupiter and New Star. Clients benefit from a clear charging structure and no initial or switch charges on underlying funds.
Fidelity is a well respected fund manager; here at Cavendish Online we have a long standing relationship with Fidelity and have found their approach to customer care among the best across the industry.
Cavendish Online has chosen to offer Fidelity’s Fundsnetwork SIPP because we can offer our unique renewal commission service with this plan. We believe that this makes our SIPP the best value in the UK.
Cavendish Online no longer charges for arranging the SIPP. Fidelity will charge £108 for initial administration and a £269 yearly administration charge.
100% of the trail commission received each year will be rebated directly to you by Fidelity. Average trail commission is 0.5% of the fund value so a fund of £100,000 will generate £500.00 a year back to the investor, free of all taxes*.
Managing Director of Cavendish Online, Mr Ian Williams states:
‘Our clients are knowledgeable investors and already make their own decisions regarding investments and insurance. At a time of increased concern regarding pension savings this new product will encourage greater investment and allow clients to have full control over their retirement provisions. We are happy to offer the Fidelity SIPP, building on our existing relationship with Fidelity’
*Under current understanding of HMRC guidelines.
The primary reason that we chose Fidelity for our Fundsupermarket is their size. This is reflected in the huge range of funds, their reliable systems and their market leading research and analysis tools which can be accessed via Fund Evaluator on the navigation bar on the left.
These tools include:
Fund Evaluator - Helps you review the funds available from Fundsnetwork using over 16 different criteria, such as past performance, Standard and Poors or Morningstar ratings and length of fund management tenure.
Fund Reports - Each fund is covered by in-depth factsheet reports, which analyse the fund, its portfolio and the approach of the fund manager. These combine quantitive and qualitative analysis.
Morningstar Portfolio X-ray - Once invested, you can use the Portfolio X-ray to analyse how your overall portfolio is positioned, even where you have invested with many different fund providers.
